Time for the latest update on the fortunes of the two companies randomly selected at the end of 2011 as part of a graphene stocks and shares comparison with diamond.
In one corner we have CVD Equipment a specialist in designing, developing and manufacturing both standard and custom state-of-the-art equipment and process solutions used to develop and manufacture advanced solar, nano electronic components, materials and coatings for research and industrial applications. The company offers a broad range of chemical vapor deposition, gas control and other equipment that is used by our customers to research, design and manufacture semiconductors, solar cells, smart glass, carbon nanotubes, nanowires, LEDs, MEMS and industrial coatings, as well as equipment for surface mounting of components onto printed circuit boards. Graphene is at the heart of the company which is trailblazing its way in the nanotechnology market place.
61 shares were purchased at the beginning of the comparison for a total cost of $1000, the same shares are now trading at $13.42 and have a total value of $818.62. Although a clear loss of value CVD have actually been gaining in value recently following a low of $10.43 at the start of the year. If the steady rise since then continues it won’t be long before these start to show a profit.
To represent carbon’s old head of the family we chose a company called Paragon Diamond. On the back of some excellent results regarding the potential diamond find at the Motete mining region, Paragon has seen their share price rise considerably during the first month of the year.
3478 Paragon shares purchased last year for a cost of £1000 now have a trading price of 31p, giving the shares a total value of £1078.13.
With both companies share prices moving in the same direction it will be interesting to see over the coming months which one will win out.